OYO Archives - TechStory

Oyo eyes $10B valuation in new $1B funding round

Udit AgarwalJune 11, 2019

OYO Hotels and Homes is in now talk for a fresh funding round of funding, which is also likely to see the seven-year old startup valuation hit around $10 Billio...

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OYO to acquire Vacation Rental Firm @Leisure Group from Axel Springer

Apoorv AnupamMay 1, 2019

01 May 2019, India: OYO today announced that it has agreed to acquire Amsterdam-based vacation rental firm @Leisure Group from Axel Springer. The acqu...

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Airbnb May Invest Around $100 Mn in OYO

Udit AgarwalMarch 19, 2019

Airbnb, which is a US-based online home rental company is now in talks to invest around $100-$200 Million in the OYO. According to the information which has ...

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Oyo gets $100 million from China’s ride-hailing giant Didi Chuxing

Udit AgarwalFebruary 14, 2019

After raising $800 Million from the SoftBank, The Budget hotel chain OYO has now secured another $100 Million round led by the Chinese ride-hailing giant Didi C...

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OYO Hotels Launches in Philippines with Over $50M Commitment

Udit AgarwalJanuary 31, 2019

OYO homes and hotels revealed on yesterday that it has now launched its operations in the Philippines, OYO said it would start with more than 21 franchised and ...

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OYO plans to invest $100 million in Indonesia for expansion

Udit AgarwalJanuary 29, 2019

OYO, which is a hospitality firm is now planning to invest around $100 Million in Indonesia in the next five years to expand its presence across the globe. T...

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OYO Makes Top-Level Appointments to Expand Overseas Business

Udit AgarwalJanuary 12, 2019

OYO, the Budget hospitality chain has now strengthened its top management by going for a slew of international appointments, in order to expand to differen...

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Budget Hotels Form Pan-India Association to Boycott OYO

Udit AgarwalJanuary 10, 2019

The ongoing protest from budget hotel owners against OYO has taken a new turn as the Budget Hotel Association of Mumbai has now formed a PAN India All...

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OYO Apparently in Talks to Acquire Rival Treebo Hotels

Udit AgarwalDecember 26, 2018

After raising $1 billion recently, OYO, India's largest budget hotel startup, is now in talks to acquire Treebo Hotels. Like OYO, Bangalore-based Treebo Ho...

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Grab Invests $100 million in Indian Hotel Startup OYO

Udit AgarwalDecember 5, 2018

OYO, a budgeted hospitality chain has now secured $100 million (around Rs. 732 crores) in a fresh funding round from the Singapore-based ride-hailing compa...

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